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Should Ken Holland lead rebuild for Red Wings?

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If the Detroit Red Wings are going to turn their fortunes around, it’s going to be Ken Holland remaining at the controls.

Holland, who’s been general manager of the team since 1997, will be back at the helm according to three Detroit outlets. MLive.com, the Detroit Free Press and the Detroit News are all citing sources saying that ownership will not make a change after this season. Head coach Jeff Blashill, who has one more year left on his deal, is also expected to be back.

The Red Wings wrap up their season on April 7, so it should become official some time before the team breaks for the summer.

Holland entered the 2017-18 season without an extension, something that was routine business in year’s past. When that didn’t happen, and the Red Wings began to struggle again, he was firmly placed on the hot seat. After two decades in the GMs chair and three Stanley Cups, it’s been a good run, but with Christopher Illitch taking the ownership lead following his father’s death, it wouldn’t have been a surprise to see a new face replacing Holland.

Since 2011, the Red Wings have only one playoff series victory and have now missed the postseason two straight years after a 25-year streak of getting into the Stanley Cup Playoffs.

With the likes of Julien BriseBois, Kyle Dubas, Paul Fenton, Tom Fitzgerald, Mike Futa, and Laurence Gilman among the names floating out there as possible future NHL GMs, you have to wonder why ownership has faith that Holland is the one to lead them out of their current mess when he’s the one who helped direct them down that way.

Their salary cap picture is not a good one, and while the ceiling is expected to rise for 2018-19, the Red Wings have some important young pieces — Andreas Athanasiou, Dylan Larkin and Anthony Mantha — who are due raises as restricted free agents this summer. But while that extra room should help with re-signings, there are still the contracts of Frans Nielsen, Justin Abdelkader, Trevor Daley, Jonathan Ericsson, Danny DeKeyser, Darren Helm and Henrik Zetterberg — all Holland signings — that are long and eating a lot of space.

Holland’s rebuild efforts got off to a great start last month when he flipped Tomas Tatar and Petr Mrazek for draft picks. According to Cap Friendly, the Red Wings could have up to eight selections in the opening four rounds of this June’s entry draft and five in the first three rounds of the 2019 draft. That’s great for restocking the prospect cupboard or packaging in trades for young roster players who can aid in this rebuild.

But the hard part, identifying and securing talent, comes next.

“We’re not good enough quite right now,” Holland said last month. “For me, it’s about trying to acquire pieces that I think can have an impact on this team three, four years down the road in order to build a team that’s a playoff team, that’s got a young foundation. That’s the goal. Those are the decisions that I’m making.”

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Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.

WATCH LIVE: Philadelphia Flyers at Detroit Red Wings

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Philadelphia Flyers

Claude GirouxSean CouturierTravis Konecny

Oskar LindblomNolan PatrickJakub Voracek

Jordan WealValtteri FilppulaWayne Simmonds

Jori LehteraScott Laughton — Matt Read

Ivan ProvorovShayne Gostisbehere

Travis Sanheim — Andrew MacDonald

Robert HaggRadko Gudas

Starting goalie: Petr Mrazek

[Flyers – Red Wings preview]

Detroit Red Wings

Tyler BertuzziHenrik ZetterbergGustav Nyquist

Darren HelmDylan LarkinAnthony Mantha

Justin AbdelkaderFrans NielsenAndreas Athanasiou

Evgeny Svechnikov — Luke GlendeningMartin Frk

Niklas KronwallMike Green

Jonathan EricssonTrevor Daley

Danny DeKeyserNick Jensen

Jimmy Howard

WATCH LIVE: Wednesday Night Rivalry – Red Wings at Blues

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Detroit Red Wings

Anthony ManthaHenrik ZetterbergGustav Nyquist

Tyler BertuzziDylan LarkinAndreas Athanasiou

Darren HelmFrans NielsenJustin Abdelkader

Martin FrkLuke GlendeningDavid Booth

Danny DeKeyserNick Jensen

Jonathan EricssonTrevor Daley

Niklas KronwallXavier Ouellet

Starting goalie: Jimmy Howard

[Red Wings – Blues preview.]

St. Louis Blues

Alexander SteenIvan BarbashevVladimir Tarasenko

Jaden SchwartzBrayden SchennNikita Soshnikov

Dmitrij JaskinVladimir SobotkaTage Thompson

Scottie UpshallKyle BrodziakChris Thorburn

Jay BouwmeesterAlex Pietrangelo

Vince DunnColton Parayko

Carl GunnarssonJordan Schmaltz

Starting goalie: Carter Hutton

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Chicago Blackhawks

Brandon SaadNick SchmaltzPatrick Kane

Alex DeBrincatJonathan ToewsAnthony Duclair

Tomas JurcoDavid KampfVinnie Hinostroza

Patrick SharpArtem AnisimovRyan Hartman

Duncan KeithJordan Oesterle

Erik GustafssonBrent Seabrook

Michal KempnyConnor Murphy

Startling goalie: Anton Forsberg

[Preview: ‘Hawks take four-game losing streak on the road to Detroit]

Detroit Red Wings

Andreas AthanasiouDylan LarkinTyler Bertuzzi

Anthony ManthaHenrik ZetterbergGustav Nyquist

Tomas TatarFrans NielsenLuke Glendening

Martin FrkDominic TurgeonLuke Witkowski

Danny DeKeyserNick Jensen

Niklas KronwallMike Green

Jonathan EricssonXavier Ouellet

Startling goalie: Jimmy Howard

WATCH LIVE: Philadelphia Flyers at Detroit Red Wings

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Philadelphia Flyers

Claude GirouxSean CouturierTravis Konecny

Michael RafflValtteri FilppulaJakub Voracek

Jordan WealNolan PatrickWayne Simmonds

Jori LehteraScott Laughton — Tyrell Goulbourne

Ivan ProvorovShayne Gostisbehere

Robert HaggAndrew MacDonald

Brandon ManningRadko Gudas

Starting goalie: Brian Elliott

[Flyers look to push win streak to four games against Red Wings]

Detroit Red Wings

Andreas AthanasiouDylan LarkinTyler Bertuzzi

Anthony ManthaHenrik ZetterbergGustav Nyquist

Tomas TatarFrans NielsenMartin Frk

David BoothLuke GlendeningLuke Witkowski

Danny DeKeyserNick Jensen

Niklas KronwallMike Green

Jonathan EricssonXavier Ouellet

Starting goalie: Jimmy Howard